The global VR gaming market to grow at a CAGR of 67.03% during the
period 2017-2021.

The report, Global VR Gaming Market 2017-2021, has been prepared based
on an in-depth market analysis with inputs from industry experts. The
report covers the market landscape and its growth prospects over the
coming years. The report also includes a discussion of the key vendors
operating in this market.

According to the report, one driver in market is growing awareness of VR
gaming. The companies like Samsung, HTC, Sony, Oculus VR, and Google are
experiencing intense competitions in the market. The presence of these
brands in the market is expected to increase the awareness of VR
technology among consumers. The acquisition of Oculus VR in July 2014 by
Facebook for $2 billion and Google's investment in Magic Leap are some
of the major developments in the VR market in the past three years. In
addition, leading smartphone vendors came up with VR headsets that can
be integrated with smartphones to provide an enhanced viewing and gaming
experience. For instance, Samsung introduced Gear VR, and HTC introduced
VIVE. The increasing awareness of VR technology will drive the global VR
gaming market during the forecast period.